Weber envisioned inequality in terms of "<span>socioeconomic ranking".</span>
Socioeconomic ranking is a monetary and sociological consolidated
aggregate measure of a man's work involvement and of a person's or family's
financial and social position in connection to others, in view of wage,
instruction, and occupation. Education in higher socioeconomic
families <span>is commonly emphasized
as significantly more essential. </span>
You buy some shoes for $25 you want to sell them and get more money than you spent ("Profit") if you sell them for $10, you wasted $15 and only gained $10 back so its not $10 or $25 so its $50